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MoneyLion (MoneyLion) Gross Margin %

: 72.10% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. MoneyLion's Gross Profit for the three months ended in Dec. 2023 was $81.4 Mil. MoneyLion's Revenue for the three months ended in Dec. 2023 was $113.0 Mil. Therefore, MoneyLion's Gross Margin % for the quarter that ended in Dec. 2023 was 72.10%.


The historical rank and industry rank for MoneyLion's Gross Margin % or its related term are showing as below:

ML' s Gross Margin % Range Over the Past 10 Years
Min: 68.77   Med: 74.2   Max: 94.54
Current: 70.16


During the past 5 years, the highest Gross Margin % of MoneyLion was 94.54%. The lowest was 68.77%. And the median was 74.20%.

ML's Gross Margin % is ranked better than
78.82% of 2630 companies
in the Software industry
Industry Median: 41.71 vs ML: 70.16

MoneyLion had a gross margin of 72.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MoneyLion was 0.00% per year.


MoneyLion Gross Margin % Historical Data

The historical data trend for MoneyLion's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => 94.05 [1] => 94.54 [2] => 74.20 [3] => 68.77 [4] => 70.16 )
MoneyLion Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
94.05 94.54 74.20 68.77 70.16

MoneyLion Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.57 68.18 69.75 70.24 72.10

Competitive Comparison

For the Software - Application subindustry, MoneyLion's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MoneyLion Gross Margin % Distribution

For the Software industry and Technology sector, MoneyLion's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MoneyLion's Gross Margin % falls into.



MoneyLion Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

MoneyLion's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=297.1 / 423.431
=(Revenue - Cost of Goods Sold) / Revenue
=(423.431 - 126.361) / 423.431
=70.16 %

MoneyLion's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=81.4 / 112.963
=(Revenue - Cost of Goods Sold) / Revenue
=(112.963 - 31.516) / 112.963
=72.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


MoneyLion  (NYSE:ML) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MoneyLion had a gross margin of 72.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


MoneyLion Gross Margin % Related Terms

Thank you for viewing the detailed overview of MoneyLion's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MoneyLion (MoneyLion) Business Description

Traded in Other Exchanges
N/A
Address
30 West 21st Street, 9th Floor, New York, NY, USA, 10010
MoneyLion Inc is a mobile banking and financial membership platform that empowers people to take control of their finances. It is a full-service digital platform to deliver mobile banking, lending, and investment solutions. The firm offers a personalized, all-in-one, digital financial platform that provides convenient, low-cost access to banking, borrowing, and investing solutions tailored for its customers, rooted in data, and delivered through its proprietary technology platform.
Executives
Diwakar Choubey director, officer: President, CEO and Director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Adam Vanwagner officer: General Counsel 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Timmie Hong officer: Chief Product Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Richard Correia officer: Chief Financial Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mark Torossian officer: Chief Accounting Officer 1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Matthew Derella director C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Jeff Gary director, officer: Chief Financial Officer 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Gregory Depetris director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Michael Paull director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Rohit Dsouza 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Chee Mun Foong officer: Chief Technology Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Greenspring Global Partners Viii-c, L.p. 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Greenspring Global Partners Viii-a, L.p 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Rds Moneylion Holdings I, Llc 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010